French President Emmanuel Macron and German Chancellor Angela Merkel announced that they will push for a single unified Eurozone budget by 2021, in a first steps towards challenging the US dollar as global reserve currency.
The United States suddenly changed its mind about imposing steel and aluminum tariffs on its closest trade partners and political allies. A look at how the affected countries responded, and what this will cost the US.
The newly announced steel and aluminum tariffs will have consequences that go far beyond the primary steel and aluminum manufacturing industries, and which could persist long past the current administration.
With everything happening in the US right now, it can be easy to forget that politics happens in other countries, too. But Italian politics can make even the United States right now seem calm by comparison.